US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 monthBullish92%
Monthly Upside probability 92%Bullish

STLD 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $103.17 and reclaim $288.74.

Invalidation Trigger

Lose $103.17 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 65.6, MACD 4.974

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $34.93 (14.3%)

Monthly

EMA Structure

Bullish
EMA 8$225.98Bullish
EMA 21$191.93Bullish
EMA 50$148.17Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.6 · MACD 4.974

Momentum is strong

Strength
Bullish
Volatility
ATR $34.93 · BB 104.36%

High volatility

Strength
Bearish
Volume
MFI 71.3 · OBV 39.17%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$103.17 - $288.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+32.49% · 2.3 ATR above latest close

$323.67
Nearest resistance

+18.2% · 1.3 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$244.29
Nearest support

-57.77% · 4.0 ATR below · 34-bar low

$103.17
Deeper support zone

-72.06% · 5.0 ATR below latest close

$68.24
ATR zone

Latest close ± ATR14

$209.36 - $279.22

Indicators

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

46.4 / 34.6 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$109.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.7 / $175.59Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

High volatility

$34.93 (14.3%)Bearish
Bollinger Bands (20,2)

Width 104.36%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.92 / $111.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$209.36 / $279.22Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$103.17Range

Momentum

RSI (14)

Momentum is strong

65.6Bullish
MACD (12,26,9)

Histogram is positive

4.974Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 67.4Bullish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Balanced zone

91.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.3Bullish
OBV slope

20-period OBV slope

39.17%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

46.4 / 34.6 / 6.1Bullish
Supertrend (10,3)

Price is above Supertrend

$109.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$210.7 / $175.59Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

65.6Bullish
MACD (12,26,9)

Histogram is positive

4.974Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 67.4Bullish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Balanced zone

91.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$34.93 (14.3%)Bearish
Bollinger Bands (20,2)

Width 104.36%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.92 / $111.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$209.36 / $279.22Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.3Bullish
OBV slope

20-period OBV slope

39.17%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$103.17Range

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